Event in Portugal brought together international real estate experts

Following the success achieved in the 2017 edition, the second edition of Imocionate iTec was held on November 29 at the Lisbon Congress Center.

It is a global event that seeks to bring together various views and opinions so that the diversity of experiences can be translated into an enrichment that not only enhances the development of real estate intermediation, but also the sustainable growth of the sector. International speakers shared knowledge about the role of technology in the various stages of the real estate brokerage process.

Among the many experts who have attended iTec 2018 Imocionate are Jay Thompson, former director of Industry Outreach of the Zillow Group. Creativity was one of the main themes of the talk by Joah Santos, Chief Creative Strategist of NYLON, creative agency. On the topic of creativity, one of the main themes of the talk, said Joah Sanos, Chief Creative Strategist of NYLON, creative agency.

From Brazil, Sergio Langer, partner and founder of Hosher, a digital agency specializing in real estate, spoke about the technologies that will transform real estate brokerage in the coming years.

The real estate market of Portugal

The real estate market of Portugal has a great time. According to data from the National Statistics Institute (INE), the total number of properties sold has been growing rapidly since 2014.

In 2017, Portugal received a total volume of $ 2.1 billion in transactions, a 61% increase over 2016, according to Cushman & Wakefield's Global Investment Atlas 2018 report. More than 20% of real estate is bought by foreigners. France is in first place in the ranking. Second is the United Kingdom followed by Brazil.

According to the Association of Professionals and Real Estate Mediation Companies of Portugal (APEMIP), the acquisition of real estate by Brazilians is the one that has grown most in recent years. Lisbon and Porto are the cities preferred by Brazilians.

According to information from the Aliens and Borders Service (SEF), about 85 thousand Brazilians live in Portugal.

The Portuguese government has improved access to those willing to invest in the country. One of the most requested visas is the Golden Visa, which guarantees at least five years of residence and the possibility of applying for citizenship, with an investment of 500 thousand euros in real estate.